Europe Recycling Systems OÜ
RegisteredKey figures
Ratios
2025Summary: Europe Recycling Systems OÜ
What kind of company is it?
Europe Recycling Systems OÜ (registry code 11725663) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of waste and scrap; collection of containers and packaging (EMTAK 46871). The company is registered for VAT (VAT number EE101321905).
How is the company doing financially?
Revenue in financial year 2025 was 440 429 €, down 13,8% on the previous year (510 782 €). From 2019 to 2025, revenue grew by an average of 5,1% per year. Financial year 2025 ended with a loss of 112 027 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 110 107 €. At the end of financial year 2025, total assets were 514 102 € and equity 422 144 € (82,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 31 709 €, up 127% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 5269 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 960 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 17.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 31 709 € | 4 | 5269 € |
| Q2 2026 | 52 053 € | 4 | 5165 € |
| Q1 2026 | 24 436 € | 4 | 5951 € |
| Q4 2025 | 16 402 € | 4 | 5756 € |
| Q3 2025 | 13 950 € | 5 | 5230 € |
| Q2 2025 | 19 889 € | 5 | 5243 € |
| Q1 2025 | 13 532 € | 5 | 4721 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 551 662 | 539 611 | 432 508 | 510 782 | 440 429 |
| Net profit | 55 962 | 60 992 | 12 334 | −44 648 | −112 027 |
| Retained earnings | 446 975 | 502 937 | 563 929 | 576 263 | 531 615 |
| Total assets | 527 464 | 600 326 | 627 902 | 598 954 | 514 102 |
| Total liabilities | 21 971 | 33 841 | 49 083 | 64 783 | 91 958 |
| Total equity | 505 493 | 566 485 | 578 819 | 534 171 | 422 144 |
| Employees | 5 | 4 | 5 | 4 | 4 |
| Average gross salary (monthly) | 710 | 900 | 726 | 908 | 990 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 150 € (2020). Largest grantors: Tallinna Linnakantselei (150 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 50 € | 22.04.2020 |
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 100 € | 22.04.2020 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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